Why Big Data is important for Enterprises?

Why Big Data is important for Enterprises for managing the business data? How Big Data fits into current business environment?

Why Enterprises are looking for Big Data? What are the importance of Big
Data in enterprises?

In this article we will understand the importance of Big Data and see the
benefits of Big Data for enterprises. The Big Data software system is very
important in managing the huge set of structured and un-structured data of any
size.

With the arrival of latest social networking, chatting, collaboration tools,
online shopping, gaming etc.. huge amount of data is gathered daily. So, its
very important for the enterprises for gathering and analyzing the data to
understand the visitors behavior and buying patterns. These information are very
important in deciding the business plans. There days Big Data software systems
are helping the enterprises for handling and analyzing such huge set of data.
The Big Data software system helps the enterprises in processing and analyzing
the data to understand the social and busing behavior of the customers.

Problem of Huge Data

There is big issue of managing and analyzing such a huge type of data. If you
don't use the Big Data software system you will find following issues as far as
data management and processing is concerned:

It is difficult for the business to get the real time data
from the huge set of data

Query processing time is very high and it is taking hours to
finish the query, instead it should take seconds

Batch processing also takes a lot of time

It is time consuming and time taking to implement new set of
data

Scalability of the application is also a big issue

Data storage and retrieval is also a big problem

Licensing cost of the hardware and software is also a big
investments

Its very difficult to handle the large set of un-structured
data

Big Data technologies are here to solve all the above problems. With the help
of Big Data technologies you can manage huge amount of both structured and
un-structured data. Big Date technologies also supports scalability. You can
process any amount of data in fraction of seconds.

You can use the open source technologies such as Hadoop and its commercial
versions such as Cloudera, Hortonworks, GreenPlum etc. for your business needs.
Beside this IBM is offering BigInsights and Oracle is offering Exalytics
In-memory machine for handling and processing of the Big Data sets.

Importance of Big Data in enterprises

Here are the importance of Big Data in enterprises:

Its ideal solution to capture large set of structured and
un-structured data

Its very easy to run queries against huge set of data and
takes seconds to process the query

Query processing time is very fast

Its very easy to implement new set of data

Big Data applications are highly scalable

Storage are easy as data can be separated into multiple
indexes

Open source software such as Hadoop are available which
saves huge licensing cost

Developers can write applications easily to process the new
set of data

Real-time analysis of data - You will be able to analyze the
data real-time and the customize your online portal accordingly

Maintenance cost of the Big Data software system is also
less

Big Data is very helpful in managing the Healthcare system

High processing and data management power will help the
energy management, access control, air quality monitoring,
traffic management, IPTV systems